Everest
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The carrier has appointed four senior underwriters across the liability division. -
The move reflects parent Everest Re’s diversification drive into primary specialty insurance.
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The reinsurer is expecting the segment to see at least double-digit rate increases.
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CEO and his soon-to-be replacement believe current market conditions play into the growing company’s hands.
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Third quarter 2019 net investment income was $181mn, up 12.2 percent year on year.
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She joins Everest’s marine practice after stepping down from a senior role at AIG.
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Dorian is estimated to have caused $160mn in claims for NYSE-listed (re)insurer.
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Kyle Adams was most recently co-CEO for JLT Specialty Bermuda.
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Rey Haliti and Auberson Eustache have joined the Bermudian (re)insurer’s New York office.
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The results showed a mixed bag for (re)insurer use of third-party capital.
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Juan Andrade’s insurance background hints at international growth.
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The appointment counters expectations the (re)insurer would choose an internal replacement for its CEO.
